Patterson-UTI Energy, Inc. Aktie News

Patterson-UTI Energy has been struggling due to low commodity prices, but improvements in the natural gas market could reverse the trend. The company offers a range of services in the drilling and fracking sectors, and its cash conversion rates are among the top in the industry. The potential decline in shale production and increasing demand for gas in electricity generation and industrial usag...

HOUSTON, TX / ACCESSWIRE / May 13, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) ("Patterson-UTI" or "the Company") today announced that its subsidiary, Patterson-UTI International Holdings, Inc., has signed a non-binding term sheet with ADNOC Drilling, the largest national drilling contractor in the Middle East and the sole provider of drilling rig services in the Emirate of Abu Dhabi.

HOUSTON, TX / ACCESSWIRE / May 6, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of April 2024, the Company had an average of 116 drilling rigs operating in the United States.

Patterson-UTI Energy, Inc. (NASDAQ:PTEN ) Q1 2024 Earnings Conference Call May 2, 2024 10:00 AM ET Company Participants Mike Sabella - VP, IR Andy Hendricks - President, CEO & Director Andy Smith - CFO & EVP Conference Call Participants Luke Lemoine - Piper Sandler Jim Rollyson - Raymond James Scott Gruber - Citigroup Alexa Petrick - Goldman Sachs Derek Podhaizer - Barclays Capital Arun Jayaram...

HOUSTON, TX / ACCESSWIRE / May 1, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported financial results for the quarter ended March 31, 2024.

HOUSTON, TX / ACCESSWIRE / April 8, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) will host a conference call on Thursday, May 2, 2024, at 9:00 a.m.

HOUSTON, TX / ACCESSWIRE / April 3, 2024 / PATTERSON-UTI ENERGY, INC. (NASDAQ:PTEN) today reported that for the month of March 2024, the Company had an average of 120 drilling rigs operating in the United States.

A hot topic for energy production, hydraulic fracturing, or fracking, extracts oil and gas by injecting high-pressure fluids underground. For the U.S. this has boosted domestic energy production potential but has also sparked environmentalist concerns.